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Trane Technologies Optimizes Industry‑First Thermal Management Reference Design for AI Factories, Introduces Two New Designs
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, today announced major enhancements to its industry-first comprehensive thermal management reference design for gigawatt-scale AI factories and unveiled two Trane Continuum Rubin DSX reference designs. Engineered specifically to integrate with the NVIDIA® Omniverse™ DSX Blueprint for AI data centers, the new system optimizations achieve a nearly 10% improvement in overall thermal management performance co...
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PACS Group, Inc. to Present at the Oppenheimer 36th Annual Healthcare MedTech & Services Conference on March 17, 2026
SALT LAKE CITY--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”), which together with its subsidiaries is one of the largest post-acute healthcare companies in the United States, announced today that it will present at the Oppenheimer 36th Annual Healthcare MedTech & Services Conference on Tuesday, March 17, 2026. Jason Murray, Chief Executive Officer and Chairman of the Board, and Mark Hancock, Interim Chief Financial Officer and Executive Vice Chairman of the Board...
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Solaris Energy Infrastructure Announces 900 MW Capacity Expansion and Closes New Growth Capital Financing
HOUSTON--(BUSINESS WIRE)--Solaris Energy Infrastructure, Inc. (NYSE:SEI) (“Solaris” or the “Company”), today announced it has closed two transactions which will add approximately 900 MW of new, natural gas-fueled turbine capacity between 2026 and 2029. The Company will now operate approximately 3,100 MW of total power generation capacity by the end of 2029. The Company has also closed a new $300 million credit facility to support ongoing growth. Summary of Transactions Acquisition of Genco Powe...
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Seadrill Announces Contract Extension in Angola
HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) today announced Sonadrill Holding Ltd ("Sonadrill"), its 50:50 joint venture with an affiliate of Sonangol E.P. ("Sonangol"), has been awarded a contract extension. A seven-well priced option for the ultra-deepwater drillship Sonangol Quenguela has been exercised, extending operations in Angola by approximately 480 days and committing the rig into June 2028. Seadrill earns a management fee for provid...
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Swarmer Announces Pricing of Initial Public Offering
AUSTIN, Texas--(BUSINESS WIRE)--Swarmer, Inc (“Swarmer”), a drone autonomy software company supporting operations in Ukraine, today announced the pricing of its initial public offering (the “Offering”) of 3,000,000 shares of its common stock (the “Common Stock”) at a public offering price of $5.00 per share. All of the shares of Common Stock are being offered by Swarmer. The gross proceeds from the Offering, before deducting underwriting discounts and commissions and other offering expenses pay...
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News Corp Hosts Dow Jones Investor Briefing
NEW YORK--(BUSINESS WIRE)--News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today detailed the profound transformation of Dow Jones during an Investor Briefing, and detailed a pathway to $1 billion in annual Dow Jones segment EBITDA within five years. The presentation underscored how the business has transcended its legacy roots to become a distinct authority in news and business intelligence, strategically positioned to thrive in an era where trusted data is at a premium. Dow Jones has been a ke...
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CATCHES Launches Generative AI with Physics-Based Sizing Technology for Fashion E-Commerce with AMIRI Powered by NVIDIA
SAN JOSE, Calif.--(BUSINESS WIRE)--CATCHES, a physics-backed AI company building both application and infrastructure layers for the next generation of digital fashion experiences, today launched its Generative AI with Sizing technology (“RealFit”) – a new AI powered online consumer experience, built on NVIDIA’s CUDA platform, to provide real sizing, fit, and drape for fashion e-commerce. RealFit, announced today at NVIDIA GTC, is a capability that allows shoppers to see, with mirror-like realis...
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Metropolitan Bank Holding Corp. Closes Overallotment Option and Issues 213,395 Shares of Common Stock
NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced the underwriters for its recently completed public offering of common stock have exercised a portion of their overallotment option and completed the sale of an additional 213,395 shares of common stock at the public offering price of $85.00 per share. The expected proceeds to the Company in connection with the exercise of the...
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IQM and Zurich Instruments Launch Real-Time Quantum Error Correction Demonstrator with NVIDIA NVQLink
ZURICH, Switzerland & ESPOO, Finland & SANTA CLARA, Calif.--(BUSINESS WIRE)--Today, IQM Quantum Computers and Zurich Instruments announce a joint project to build and operate a real-time quantum error correction (QEC) demonstrator, enabled by the NVIDIA NVQLink platform. This project marks a significant milestone toward scalable and fault-tolerant quantum computing designed for enterprise and datacenter deployment. As enterprises and public institutions worldwide move from quantum exploration t...
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Community West Bancshares Receives Regulatory Approvals to Merge With United Security Bancshares
FRESNO, Calif.--(BUSINESS WIRE)--Community West Bancshares (NASDAQ: CWBC), the parent company of Community West Bank, and United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, announced today that the required regulatory approvals from the Federal Deposit Insurance Corporation and the California Department of Financial Protection and Innovation, as well as a waiver from the Federal Reserve Bank of San Francisco, have been received pursuant to the proposed merger...